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California Expands Film Tax Credits, Projecting $1 Billion Spending

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Story summary
  • Governor Gavin Newsom announced expanded California film tax credits, adding a post-production credit and AI performer protections.
  • The California Film Commission projects $1 billion in direct production spending from the new incentives.
  • President Donald Trump and Sen. Adam Schiff (D-Calif.) back a bipartisan federal film tax credit bill slated for November introduction.
  • Colleen Bell, California Film Commission director, said the tax credit program keeps jobs and production in California.